Market Targeting MCQ with Answers PDF Download – Test 92

MCQ 456: The classic example of economic community is:

1. World Bank
2. international monetary fund
3. European Union
4. all of above

MCQ 457: According to management guru Peter Drucker, marketing aims to sell:

1. Necessary
2. Unnecessary
3. Not already available
4. None of above

MCQ 458: The luxury products such as Rolex watches are best classified as:

1. unsought specialty products
2. sought services
3. specialty products
4. convenience products and services

MCQ 459: The testing technique in which researchers measure customers responses to new products is called:

1. controlled test markets
2. simulated test markets
3. free test markets
4. uncontrolled test markets

MCQ 460: Considering types of retail stores, the one which sells merchandise with low margins at lower price and in high volumes is called:

1. discount store
2. selective store
3. extensive store
4. exclusive store